Renovating to Save Money.

General Trish Pigott 3 May

Are you planning on buying an eco-friendly home, or plan to make improvements to your home for energy efficiency purposes? Did you know that there are many incentive programs to support households make these changes? Under the Low Carbon Economy Leadership Fund, the federal government is helping British Columbians with financial incentives to help households […]

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How to Talk to Your Parents about Reverse Mortgages.

General Trish Pigott 26 Apr

Some more good information about Reverse Mortgages from the Dominion Lending Centres House Blog.  Talking about money is one of the last taboos and can make people feel very uncomfortable – a feeling that’s only amplified when it comes to talking about your parents’ money. However, when a conversation is difficult, that normally means it’s […]

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Bank of Canada’s April Announcement & What This Means For You.

General Trish Pigott 12 Apr

The Bank Of Canada announced this morning to keep their key overnight rate of 4.5%. As the Bank is still waiting to assess the impact of its previous eight consecutive rate hikes. Previous Bank of Canada announcement also decided to keep the current interest rate. But It was threatened that it was conditional, making it […]

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Are you 55+?

General Trish Pigott 5 Apr

Are you 55+? Or are your loved ones retired? Did you know that there is a great product for those 55+ to access their home’s equity tax free and not make any mortgage payments? A reverse mortgage is a versatile and flexible financial solution for Canadians in their retirement years. Homeowners 55+ are unlocking their […]

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The New Tax-Free First Home Savings Account

General Trish Pigott 29 Mar

The Government has confirmed that as of April 1, 2023, financial institutions will have the ability to start offering the new Tax-Free First Home Savings Account (FHSA). This program allows prospective first-time home buyers the ability to save $40,000 on a tax-free basis and, like a Registered Retirement Savings Plan (RRSP), contributions will be tax […]

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4 Key Things to Know about a Second Mortgage

General Trish Pigott 22 Mar

A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off higher-interest debts (such as credit cards and student loans) that a second […]

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Do you need title insurance for a new-build home?

General Trish Pigott 15 Mar

The housing supply shortage is one of the top issues in Canada’s real estate market. But, cities are seeing a massive boom in new-build housing. New construction offers many advantages, like more energy-efficient heating and cooling systems. Their titles can also feel less risky to transfer. After all, if the land was previously vacant, there’s […]

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Bank of Canada Announcement and What This Means For You.

Latest News Trish Pigott 8 Mar

Earlier this year we expected a .25% increase at the January announcement and saw exactly that. This next rate announcement is expected to not increase or decrease. After 8 consecutive rate hikes over the past year, the Bank of Canada is expected to leave rates unchanged. The Governing Council expects to hold the policy rate […]

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What to Know Before You Sell Your Home

General Trish Pigott 1 Mar

So, you are thinking about selling your home? Whether you are down-sizing or upgrading, selling your home can feel like a big project – that’s where we come in. To help make this process as smooth as possible, we have put together a list of a few things to consider before you sell: Improve Your […]

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